The volume of money transfers from Russia to Kazakhstan has increased sevenfold a year

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The volume of money transfers from Russia to Kazakhstan in 2022 amounted to 360 billion tenge (60.2 billion rubles). The figure has increased sevenfold compared to a year ago. In this respect writer “Lenta.ru”, referring to the message of the Central Bank of the Republic.

“… In 2022, the total amount of funds passing through international money transfer systems in Kazakhstan amounted to 1.8 trillion tenge, an increase of 32.7% compared to 2021. At the same time, 94.7% of all transactions fell on cross-border transfers between Kazakhstan and other countries,” he said.

According to the Central Bank, the total volume of transfers from other countries through international money transfer systems increased by 2.4 times during the year. The material says that this indicator is most affected by transfers from Russia, which increased by 6.8 times. In addition, the volume of cross-border transactions from Kyrgyzstan (2.8 times growth) and the USA (plus 33%) increased significantly.

Earlier, Kadyr Ismagulov, Director of the Administrative Department of the State Revenues Committee of the Ministry of Finance of Kazakhstan, said that from April 1, 2023, the republic will introduce mandatory issuance of transport invoices for goods in mutual trade with member states. Eurasian Economic Union.

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